# Figure 1 R1 data dictionary

| Field | Meaning |
|---|---|
| `scenario` | Stable pairing of realization and threshold sources. |
| `label` | Human-readable source pairing. |
| `realization_source` | `issuer_reported` or the paper's commercially estimated realization proxy. |
| `threshold_source` | `issuer_reported` or the paper's commercially estimated threshold proxy. |
| `n` | Common Table 3 Panel B analysis population: 14,623 covenant observations. |
| `violations` | Reported observations classified as violations under the source pairing. |
| `rate_pct` | Paper-reported percentage, rounded to two decimals. |
| `evidence_class` | `reported_empirical`; this is a transcription and arithmetic recheck, not a microdata replication. |
| `source_locator` | Exact retained-version table locator. |

The four rows are aggregate rates on a common population. They do not reveal which individual observations change classification between pairings. `Issuer-reported` is the study's operational category, not independent legal ground truth.